Home Loan and Mortgage Refinance

Congratulations! You're ready to refinance your home loan...

Here’s how our home refinance process works:

  • Complete our simple mortgage refinance analysis request
  • Receive options based on your unique criteria and scenario
  • Compare mortgage interest rates and terms
  • Choose the offer that best fits your needs

Why Refinance? Contact Us to Find Out!

Refinance Your Home Loan or Mortgage With My Florida Mortgages

My Florida Mortgage provides top of the line home and mortgage refinancing in Fort Lauderdale and other areas of South Florida. If you are looking to refinance your home and don’t know where to start, or are just looking for the best possible mortgage refinance options, give us a call today!

What Does it Mean to Refinance a Home or Mortgage?

Refinancing your mortgage essentially replaces your old mortgage with a new one that is a better fit than your old one. Your old mortgage will be paid off allowing you to create and start your new mortgage.

No matter what your mortgage refinance needs are, give us a call at My Florida Mortgages to see what your best options are.

Why Refinance Your Home or Mortgage or Loan?

A lot of homeowners will refinance their mortgage to get a lower interest rate, change from an adjustable rate mortgage to a fixed rate, or to get themselves locked into a shorter term loan that they can pay off quicker.

As people advance in their careers, they are able to be more responsible when it comes to paying their bills and increasing their credit score. If your credit score or income is higher than it was when you first took out your mortgage, chances are you can refinance to get better interest rates and lower your monthly payments. You may also be making enough money to get a shorter term loan so you can pay off your loan quicker.

People will also use it to take out cash based on the equity of their home. Home equity is the difference between the value of your home and what you still owe on your mortgage.

Things to Consider When Refinancing in South Florida

Refinancing Risks – Often times there are penalties and fees associated with paying off your existing mortgage with the line of credit from your new one.

Refinancing Costs – Typical costs involved in refinancing your home include an application fee, title searches and title insurance, attorney review fees, and penalties/fees that arise from the original mortgage loan.

Jorge Malo has over 20 years of experience when it comes to refinancing homes in South Florida. Him and the team at My Florida Mortgage provide honest and transparent services that will help guide you through the entire home mortgage refinancing process. They will walk you through each step, explaining the risks vs the benefits of refinancing and make sure that you get the best possible home refinance deal. Give the team at My Florida Mortgages a call today to see what we can do for you! We can be reached at (954) 916-2742.

Need refinancing options on a home, or other real estate? Choosing a refinance product that matches your goals and making sure you get the best rate for your given scenario can feel like playing whack-a-mole. We’re here to make the home refinance process a whole lot easier, with tools and expertise that will help guide you along the way, starting with a FREE refinance analysis request. We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you – whether this is your first refinance or 7th.